C-RAN Market Latest Innovations, Drivers, Dynamics And Strategic AnalysisPosted by Devanshu Shrivastava on March 13th, 2020 As per South Korea’s Ministry of Science and ICT, the country, alone, was home to 4 million 5G subscribers in 2019. In October that year, 105,000 terabytes of data traffic was recorded on the country’s 5G network, and with the number of users set to grow further, the load on the infrastructure would only increase. This is an important factor driving telecom firms to look in the direction of C-RAN, as it decreases the latency, improves the performance of the network, makes its operations simpler, and brings down the operational and capital expenditures, thus vastly benefitting the companies.
And now, people not only want high-speed network connectivity at their home, but essentially wherever they are, be it a stadium, shopping mall, railway station or airport, or any other public place. Though traditional RAN is available with telecom firms, it is only suitable for offices and houses, not for larger spaces. As such public places witness a huge footfall at any given time, and most of the people want to access the internet from their phones, the requirement for high bandwidth, frequency, and network capacity naturally goes up. As all such problems find a solution in cloud, the usage of C-RAN is rising sharply.
Coming to the worldwide scenario, North America displays the widest adoption of this technology, as a result of the deep penetration of 5G. In a blog written by Niklas Heuveldop, the President and CEO of Ericsson North America, the continent would have around 150 million 5G subscribers by 2023. Within the continent, the C-RAN market in the U.S. has been larger, and it will continue being so in the coming years. It is because telecom companies in the country are engaged in robust research and development and investing heavily for bringing as much of the country as possible within the C-RAN network.
Hence, as the popularity of 5G surges, thereby pushing the requirement for network bandwidth and capacity, network service providers would rapidly integrate C-RAN to not only make it a reality, but also reduce their operational costs.
The research offers market size of the global C-RAN market for the period 2014–2024.
Market Segmentation by Deployment
Indoor
Outdoor
Market Segmentation by Component
Infrastructure
Baseband units (BBUs)
Remote radio units (RRUs)
Fronthaul
Solution
Services
Managed
Professional
Market Segmentation by Network Type
3G
LTE & 5G
Market Segmentation by Application
Large Public Venues
Targeted Outdoor Urban Areas
High-Density Urban Areas
Suburban & Rural Areas
Market Segmentation by Architecture
Virtualized/cloud
Centralized
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